Parallel descending channel. Tensions between Australia and China over the coronavirus will affect AUD badly since Australia heavily relies on China for its own economy. Confluence is seen across all AUD pairs. TP to the historical low.
Note
Weekly showing channel and beautiful candlestick to signal short:
snapshot
Monthly showing S/R level:
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Strong candles on 4H:
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Transaction en cours
Sell stop from a few days ago is now active
Trade fermée: ordre d’arrêt atteint
-1%.
snapshot
AUDNZDaudnzdshortCoronavirus (COVID-19)Supply and DemandTrend AnalysisTrend Lines

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